Bahrain Real Estate News
KEO International appointed as Lead Manager for Downtown Al Areen -4/2/2008
The Kuwait-based Gulf Holding Company (GHC), further boosting its progress achieved by the milestone development and first downtown district of Bahrain, has appointed KEO International as the Lead Project and Construction Manager and Supervising Engineer for the Downtown Al Areen Project, worth $550mn.
KFH-Bahrain wins Best New Product Award for Durrat project -2/2/2008
KFH (Kuwait Finance House)-Bahrain is the recipient of the Best New Product Award, offered by the Dubai-based CPI Financial, for its flagship real estate project, Durrat Al Bahrain.
First Bahrain to branch out in Kuwait and Bahrain -2/2/2008
The First Bahrain Real Estate Development Company has opened two new offices, one in Bahrain and other in Kuwait.
Landscaping commences on the $90mn The Lagoon project -29/1/2008
The landscaping work has commenced on the $90mn realty project, The Lagoon at Amwaj Islands.
Asteco draws attention to exceptional boom in Bahrain residential sector -29/1/2008
Asteco, a Dubai-based pioneer property services company, has been much benefited due to the unprecedented boom witnessed in Bahrain property market, with both GCC and international investors competing to invest in the prestigious luxury residential properties in the Kingdom.
Bahraini panel emphasizes on complete property disclosure -20/1/2008
The Lower House in Bahrain and the Defence Ministry are in the course of a conflict, over the disclosure of government property.
Indian Property Expo in Bahrain turns-out successful -16/1/2008
The Indian property Expo in Bahrain proved to be a huge success, this year, with a lot of enthusiasm shown in by Indian expats, who were interested in buying property in their home countries.
Tashyeed launches BD52mn Sukoon Tower in Manama -14/1/2008
A Bahrain-based property firm, Tashyeed Properties, has launched Sukoon Tower, a freehold luxury residential tower, at Juffair in Manama.
Amwaj Gateway to take the lead in building Green designs -12/1/2008
Amwaj Gateway has revealed that it will adopt the LEED (Leadership in Energy and Environmental Design) criteria for its new construction, as part of eco-friendly housing campaign.
Bahrain to launch new BD500mn realty firm -27/12/2007
Bahrain has announced the launch of a new real estate company, with an authorized capital of BD500m and paid-up capital of BD100mn aiming to enhance the government realty assets.
Work on 10 housing projects stopped temporarily -16/12/2007
The construction work on 10 housing projects has been stopped all of a sudden, due to the decision by the Constitutional Court that the Land Acquisition Law was unconstitutional, says Fahmi Al Jowder, the Works and Housing Minister.
BD1billion Township project at Duraz coast complete -16/12/2007
The reclamation work, being carried out on BD1billion Northern Town, located off the Duraz coast, is expected to be complete towards this month-end, announced officials.
Skyscrapers in Bahrain must meet the required safety standards -12/12/2007
The Interior Minister in Bahrain, Shaikh Rashid bin Abdulla Al Khalifa, while speaking to the Shura Council, emphasized that skyscrapers and high-rise buildings in Bahrain, must meet international safety measures, before they are permitted to open for business.
Banks may limit mortgage lending -12/12/2007
The Central Bank of Bahrain yesterday revealed that it plans to limit the Banks exposure to the real estate market, and plans to propose capping the value of mortgages at 25 percent of the total loans.
Bahrain to launch new BD 500mn realty firm -12/12/2007
Bahrain has announced the launch of a new real estate company, with an authorized capital of BD500m and paid-up capital of BD100mn aiming to enhance the government realty assets.
The Platinum Tower to come up in Seef Bahrain -7/12/2007
A group of GCC investors, the Pearl Development and Real Estate Company (PDREC) is likely to launch its second project, worth BD25mn in Bahrain.
Leading Kuwait property developer invests $125m in Bahrain Bay -7/12/2007
Salhia Real Estate Company (SREC), leading property developer in Kuwait, has invested $125mn in Bahrain Bay, the waterfront development.
Reef and Calyon enters into mortgage finance deal -6/12/2007
A Bahrain based real estate finance company, Reef, and Credit Agricole, Calyon, have announced the most innovative and ground-breaking transactions in the real estate finance sector of Bahrain.
Reef Island phase one construction begins -5/12/2007
Reef Island has begun the Phase one construction which comprises 14 buildings, 20 villas and 49 beach villas.
BIPEX 2007 concludes registering 25 percent increase in visitors -5/12/2007
BIPEX 2007, the biggest property Expo in Bahrain, closed down yesterday with 12500 visitors registered during the three-day show, a 25 percent increase, when compared to the last edition of the show.
